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U.S. import prices rise at fastest pace in 6 1/2 years but not because of tariffs

News by Newsroom on 09:12 EST August 14, 2018
import prices showed no change in July while export prices unexpectedly fell thethe U.

Watch a currency melt down

News by Newsroom on 10:10 EST August 10, 2018
The above is how the Turkish Lira is in free fall versus the USD dollar.

US employers added a modest 157,000 jobs in July

News by Newsroom on 09:01 EST August 03, 2018
Employers in the U.

What does a rotting currency do when its central bank announces the highest rate in a decade?

Tech analysis by Simon Kazinsky on 06:14 EST August 03, 2018
The Bank of England, dragged by decisions taken by other major central banks in recent months, rose its key interest rate to 0.

U.S. Jobless claims tick higher

News by Newsroom on 09:12 EST August 02, 2018

Initial jobless claims in the US rose to a seasonally adjusted 218,000 in the week ended July 28 from 217,000 in the prior week, the Labor Department said Thursday.

Bank of England raises rates above crisis lows

News by Newsroom on 09:05 EST August 02, 2018

The Bank of England pushed interest rates above their financial crisis lows on Thursday, but also signaled it was in no hurry to raise them further as uncertainty about Brexit prevails.

Fed on track for a September hike and gradual removal of accommodation

News by Newsroom on 16:57 EST August 01, 2018

The Federal Reserve on Wednesday held off on raising its key interest rate as widely anticipated.

Eurozone manufacturing growth remains subdued

News by Newsroom on 05:24 EST August 01, 2018

Eurozone manufacturing activity remained subdued at the start of the third quarter, as anticipated, final data from IHS Markit showed on Wednesday.

UK manufacturing PMI falls to three-month low

News by Newsroom on 05:18 EST August 01, 2018

The UK manufacturing sector grew at the slowest pace in three months in July, according to research firm IHS Markit latest report released on Wednesday.

U.S. pending home sales unexpectedly rise in June

News by Newsroom on 10:59 EST July 30, 2018

The National Association of Realtors said Monday that its pending home .

British households are spending more than they earn for first time in 30 years

News by Newsroom on 10:36 EST July 30, 2018
Credit card lending has been growing faster than other loans for the past six months, with consumer credit and mortgage lending both rising in June, according to the latest figures from the Bank of England.

U.S. consumer sentiment better than expected while stocks slide

News by Newsroom on 10:34 EST July 27, 2018

Consumer sentiment in the U.

Stocks enjoy longest stretch of gains since January as US GDP above 4 per cent

News by Newsroom on 09:26 EST July 27, 2018

Real gross domestic product increased at an annual rate of 4.

Draghi sticks to ECB plan and Euro weakens

News by Newsroom on 05:27 EST July 27, 2018

ECB Draghi reiterated the policy path, rates to stay at current level at least through 2019 summer in his press conference on Thursday following the latest ECB meeting.

Facebook enters bear market but the chart is still in an uptrend

Tech analysis by Simon Kazinsky on 13:15 EST July 26, 2018
Facebook has dropped more than 20% in just a few hours following the release of its last quarter report.

Apple needs to show weakness for both bulls and bears

Tech analysis by Newsroom on 12:47 EST July 26, 2018
The tech giant is still making new highs on a weekly basis and among the FANGs remains the strongest.

U.S. new home sales at eight-month low

News by Newsroom on 13:18 EST July 25, 2018

Sales of new U.

Australian Dollar lower on soft CPI

News by Newsroom on 03:29 EST July 25, 2018

Headline CPI came  below economists’ forecasts but still made into the RBA’s 2-3% target range for the first time in over a year.

U.S. existing home sales fall for third straight month

News by Newsroom on 17:14 EST July 23, 2018

Existing-home sales decreased for the third straight month in June the National Association of Realtors said Monday.

U.S. retail sales increased in June

News by Newsroom on 18:16 EST July 16, 2018

The Commerce Department said on Monday retail sales increased 0.

Stocks flat amid mixed bank earnings and soft data

News by Newsroom on 10:02 EST July 13, 2018

Stock indices are modestly lower Friday as the latest earnings reports which included results from three major U.

U.S. import prices drop the most in over two years

News by Newsroom on 09:35 EST July 13, 2018

The Labor Department said on Friday import prices dropped 0.

USDJPY breaks above multi year trendline resistance

Tech analysis by Simon Kazinsky on 07:06 EST July 13, 2018
It has finally made it.

NZ manufacturing activity slows to its weakest in 6 months

News by Newsroom on 20:21 EST July 12, 2018
Manufacturing activity in New Zealand expanded at the slowest rate in six months in June, a survey showed on Friday as the employment index contracted for a second straight month and the .

US unemployment claims below what expected

News by Newsroom on 11:52 EST July 12, 2018
First-time applications for unemployment benefits dropped to a two-month low last week as the labor market continues to tighten.

US inflation cooling

News by Newsroom on 08:31 EST July 12, 2018
The Consumer Price Index rose 0.

Good Euro zone data lifts stocks on Thursday

News by Newsroom on 08:04 EST July 12, 2018

Seasonally adjusted industrial production rose by 1.

Japanese yen retreats from technical support

News by Newsroom on 17:56 EST July 11, 2018

The Japanese yen is drifting this week.

Bank of Canada raises key interest rate

News by Newsroom on 10:13 EST July 11, 2018

The Bank of Canada is raising its overnight rate target by a quarter of a percentage point to 1.

Wholesale inflation jumps to six-year high

News by Newsroom on 09:18 EST July 11, 2018

The Labor Department said on Wednesday its producer price index for final demand rose 0.